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Kayne Anderson Energy Development declares USD0.30 per share distribution for Q3

Wed. October 07, 2009; Posted: 05:35 AM
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Oct 07, 2009 (M2 EQUITYBITES via COMTEX) -- KED | Quote | Chart | News | PowerRating -- Closed-end investment company Kayne Anderson Energy Development Company (NYSE:KED) declared a distribution of USD0.30 per share for the quarter ended 31 August 2009.

The distribution will be paid on 29 October 2009 to all common stockholders of record on 16 October 2009, with an ex-dividend date of 14 October 2009.

Kayne Anderson further commented that based on its portfolio of investments and average yields on those investments as of 31 August 2009, the estimated dividends, distributions and interest income will be approximately USD4.7m per quarter to maintain the present distributions rate for the remainder of fiscal year 2009.

Comments on this story may be sent to admin@m2.com
For full details for KED click here.

    


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